Large sport utility vehicles (SUVs) add significantly to air pollution because they do not have to meet passenger auto emission standards. The purchase of an SUV
a. adds less to GDP since the pollution costs are subtracted from GDP.
b. adds to nominal but not real GDP because of the pollution costs.
c. is a net loss to GDP because the pollution costs are so large.
d. increases GDP.
d
Economics
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Refer to the table below. If the U.S. government decides to fix or peg the price of the euro at $1.00, it would have to:
The table below shows the supply and demand schedules for the European euro.
A. Buy 100 euros
B. Buy 360 euros
C. Sell 160 euros
D. Sell 360 euros
Economics
What would make foreigners want to buy more from the United States?
A. A fall in the value of the dollar in the foreign exchange market B. Inflation in United States C. High tariffs D. Lower interest rates in the United States
Economics